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Why it pays to be king of the castle in Scotland

The country is booming as Londoners join the hunt for properties with history and grandeur that offer value, says Carol Lewis

This 32-bedroom castle in Ackergill, the Highlands, is on sale for £3.9 million through Knight Frank

The Times, July 6 2018, 12:01am

With the Edinburgh festival only a month away Scotland has a lot to celebrate; not least that its property market is gaining from the stagnation in the housing market south of the border.

The country is experiencing its strongest residential market in a decade, with more than 100,000 house sales in the year to the end of March — almost 20 per cent up on the ten-year average, according to Savills.

A 14-bedroom castle in Dumbarton is on sale with Savills for £895,000. It has stained-glass windows and two tower rooms

Faisal Choudhry, the head of research for Savills in Scotland, says: “Scottish house price growth has tended to be historically lower in comparison to the rest of the UK. Yet house prices here are expected to rise by 17 per cent over the next five years, compared with 14 per cent across the UK.…

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